In a preview of its upcoming Geography of Cryptocurrency Report, the company revealed that investors in the U.S. and Canada “disproportionately favor” Bitcoin. The world’s biggest cryptocurrency accounts for 72% of all transaction volume on the continent—considerably more than China, Japan, South Korea, and the rest of East Asia at 61%.
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Bitcoin blamed for devastating Twitter hack?
As the dust settles from one of the worst cybersecurity breaches in recent memory, many are focused on crypto giveaway scams, not social media’s security failings
The FBI has launched an investigation into Wednesday’s widespread Twitter hack, which saw attackers hijack 130 high-profile accounts to promote crypto giveaway scams.
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Coinbase CEO Brian Armstrong didn't think selling analytical software to the Secret Service would cause any waves... (Photo: Steve Jennings/Techcrunch)Coinbase defends $183K contract with the U.S. Secret Service
‘I don’t think it’s particularly newsworthy,’ tweets a dismissive Brian Armstrong
Some of the exchange’s users have expressed concerns about how their data is being used, but Armstrong has shrugged off this criticism, writing: “Whether Coinbase sells blockchain analytics software or not, transactions on public blockchains are still traceable by any number of people out there.”
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More than $100 billion in 'digital gold' has been socked away as long-term investments (Photo: PxHere)60% of all bitcoins are ‘digital gold’ locked away by hodlers
New research from blockchain intelligence firm Chainalysis research also shows that just 13,600 professional traders control the liquidity of Bitcoin’s marketplace
Of those in circulation, 11.4 million, worth about $104 billion at the press time price of $9,128, has been held for many years. Another 3.5 million is used for trading and moves frequently—primarily between exchanges.
